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Good Pay, Terrible Management

Senior Software Engineer
Current Employee
Has worked at Capital One for 2 years
October 29, 2025
Plano, Texas
3.0
RecommendsNeutral OutlookNo CEO Opinion
Pros
  • Good Salary
  • Good Benefits
  • Modern Tech (mostly)
Cons
  • No stock options.
  • Performance management is ridiculous. Every six months, you get "stack ranked" against all the other associates at your level in your org, and the bottom X% (I've heard anywhere from 7-15%) get PIP'ed.

Even if you're in a high-performing org, they have to cut a certain number of people by mandate. It's terrible for morale and causes a lot of unnecessary stress, and often ends up forcing out good people.

They also won't account for personal circumstances at all, so if you have a major medical issue for one performance period, well... good luck.

Advice to Management

Get rid of stack ranks, or at least reduce it to once a year and a lower percentage. It's good to cut the lowest performers; they definitely exist, but the current system results in good people getting axed for no reason. This company acts like it’s Big Tech but doesn’t offer Big Tech compensation.

Additional Ratings

Work/Life Balance
3.0
Culture and Values
3.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
3.0
Compensation and Benefits
4.0
Senior Management
4.0

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